Vinasun Board Member Seeks to Offload 1 Million VNS Shares

Taurus Consulting, a company associated with a Vinasun Board of Directors member, has registered to sell 1 million VNS shares to restructure its investment portfolio.

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Recently, Kim Ngưu Consulting LLC submitted a notification regarding the stock transactions of related individuals to the State Securities Commission (SSC), the Stock Exchange, and Vinasun Joint Stock Company (Vinasun, Stock Code: VNS, HoSE).

Accordingly, Kim Ngưu Consulting has registered to sell 1 million VNS shares to restructure its investment portfolio. The transaction is expected to be executed via agreement and/or order matching from October 31, 2025, to November 28, 2025.

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If the transaction is successful, Kim Ngưu Consulting’s VNS shareholding will decrease from over 8.6 million shares to more than 7.6 million shares, reducing its ownership from 12.67% to 11.2% of Vinasun’s capital.

Mr. Đặng Tiến Sỹ currently serves as the authorized representative of Kim Ngưu Consulting’s capital at Vinasun and holds the position of Board Member at Vinasun.

Regarding business performance, Vinasun’s audited consolidated financial report for the first half of 2025 shows net revenue of over VND 451.1 billion, a 15.2% decrease compared to the same period in 2024. After-tax profit reached over VND 24.1 billion, down 38%.

For 2025, Vinasun plans to achieve consolidated revenue of VND 976.9 billion and after-tax profit of VND 53.6 billion. By the end of the first two quarters, the company has fulfilled 46.2% of its revenue target and 45% of its after-tax profit goal.

As of June 30, 2025, Vinasun’s total assets decreased by 4.2% from the beginning of the year to nearly VND 1,776.9 billion. Fixed assets account for 72.4% of total assets, amounting to nearly VND 1,286.6 billion. Cash and cash equivalents stand at over VND 209.6 billion, with long-term work-in-progress assets at over VND 61.9 billion.

On the liabilities side, total payables are nearly VND 671.4 billion, a 4.8% decrease from the beginning of the year. Short-term loans total nearly VND 200.7 billion, representing 29.9% of total assets, while long-term loans and finance leases amount to nearly VND 277.7 billion, or 41.4% of total assets.

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